Singapore Stock Market News

No danger signs yet

StockFanatic
Publish date: Thu, 30 May 2013, 01:03 PM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
The S&P500 has been on the rise and is in an uptrend channel since the end of last year. Its major support level is at 1,590.

MSCI Asia ex-Japan's (MAxJ) upleg from mid-2012 could be near its end. However, it is still too early to call a peak. We are concerned about Thailand's SET uptrend as the weekly MACD and RSI are showing negative divergence signs, indication of a tiring uptrend.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment